IS INTC A GROWTH STOCK? Message Board

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Technology Stocks : IS INTC A GROWTH STOCK?

INTC 39.50

-1.2%

Nov 3 3:59 PM EST

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To: Kevin who wrote (120)	5/13/1997 6:54:00 PM
From: Fernando Saldanha	of 243

Kevin, I saw your questions about writing covered calls. I suggest you get more information from your dealer before entering any option trades. Just a piece of information: your "downside" in selling covered calls depends on what is your benchmark. By this I mean the alternative position against which you are measuring your P/L. If your benchmark is owning the stock, the downside is the lost profits if the stock price is above $166 on the expiration date. If your benchmark is cash, your downside is the loss you will have if the stock price is down by more than $6 on the expiration date. Best regards.

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